Unlike other asset classes, the increase in prices of commodities was not appreciated by all. Soon a stage was reached where these investments, apparently, started dictating the price of the commodity — rather than demand and supply. Rhetoric about recession and depression started doing the rounds...
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Rhetoric about recession and depression started doing the rounds. Unable to find a way out, there has been banning futures trading in agro-commodities in the belief that their prices will be “controlled”. It should be noted that the allegation that commodity markets fuel inflation is not unique to India...
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